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IFFO Director General Petter Johannessen argues that fishmeal and fish oil output is stable at about 5 million and 1 million metric tons a year. He says these ingredients are strategic for aquaculture growth and well managed.
A stable supply outlook with irreplaceable nutritional value suggests fishmeal prices are unlikely to be pushed sharply by supply shocks.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.